Prime Main Street investment opportunity in the heart of Bisbee within the highly sought-after Bisbee Historic District. This 3,586 sq ft historic commercial building (circa 1900) has been extensively renovated, blending preserved character with substantial modern infrastructure upgrades. Currently configured as three restaurant spaces under one roof. Two spaces are… Read More leased to established operators (Taqueria Outlaw and Santos speakeasy), with one large nearly turnkey space available. Flexible potential: vacant space may be converted to residential use (buyer to verify zoning/permits), offering live/work or mixed-use opportunity. The vacant space includes a 10-ft Type 1 hood with fire suppression, walk-in refrigerator (new cooling system), commercial high heat dishwasher, deck oven, grease trap system, upgraded plumbing and electrical, 200A service, dedicated circuits, new PEX main water line, dual 4-inch PVC waste lines, floor drains throughout, and 3- & 5-ton HVAC units. Custom tile, white oak floors, skylight, bar infrastructure (with water, power, and draft system capability), and quality finishes complete the space. . Adjacent to one of the largest free public parking lots in town with strong foot traffic and visibility. Current cap rate 2.12% at 2/3 occupancy. Projected 6.34% at full occupancy (NOI $63,081). A rare opportunity to acquire a historic hospitality asset with modern infrastructure in one of Southern Arizona's most distinctive tourism markets. Read Less
Courtesy of Tierra Antigua Realty, LLC 520-439-8888
Listing Snapshot
Days Online
1
Last Updated
Property Type
Comm/Industry Sale
Lot Size
0.07 Acres
Year Built
1900
MLS Number
6991603
30 Days Snapshot Of 85603
$160k
-32%
(avg) sold price
6
+20%
homes sold
53
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Refrigerator", "Dishwasher"
Building
Built in 1900, Building features: "Kitchen", "Skylight(s)", "Display Window(s)", Living area: 3586, Construction materials: "Wood Frame", "Stucco", "Block", "Brick"
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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